According to the U.S. Bureau of Labor Statistics, prices for parking fees and tolls were 16.64% higher in 2018 versus 2012 (a $0.83 difference in value).
Between 2012 and 2018: Parking and tolls experienced an average inflation rate of 2.60% per year. This rate of change indicates significant inflation. In other words, parking and tolls costing $5 in the year 2012 would cost $5.83 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.47% during this same period, inflation for parking and tolls was higher.
In the year 2012: Pricing changed by 8.45%, which is significantly above the average yearly change for parking and tolls during the 2012-2018 time period. Compared to inflation for all items in 2012 (2.07%), inflation for parking and tolls was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Parking fees and tolls:
Below are calculations of equivalent buying power for Parking and tolls, over time, for $5 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|